Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
The Fed used to have even more books with colorful covers: the Greenbook, which looked at the current state of the economy ...
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
Roger Ferguson, Past President & CEO of TIAA and Former Federal Reserve Vice Chairman, expects the Fed to pause rate changes ...
Usually, housing is very sensitive to Fed rate changes. But the last few cuts have actually corresponded with mortgage rate ...
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but ...
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
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The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
The Fed is expected to leave borrowing rates unchanged at the conclusion of its latest two-day policy meeting on Wednesday.
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